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The Federal Deposit Insurance Corporation is convening an “Expanding Access to Small Dollar Loans for Low- and Moderate-Income Consumers in the Central Valley” webinar on August 4, from 10:00 a.m. to 11:30 a.m. PT.

Many communities in the Central Valley lack access to responsible consumer credit due to cultural and geographic barriers, and instead rely upon high cost alternative lenders. This webinar will highlight effective strategies to increase consumer credit and financial capability through partnerships among financial institutions, Community Development Financial Institutions (CDFIs), and non-profits. Additionally, bankers will learn how to offer small dollar loans (SDLs) through core technology as several new small dollar loan products have emerged.

The target audience includes community stakeholders such as CDFIs, non-profit organizations, bankers (product managers, compliance officers, CRA Officers, community development managers/directors), and government agencies seeking alternative credit access options for underserved communities.